Your Finance Adviser
Lenders Mortgage Insurance can be a great tool to help home buyers get into a property that they otherwise might not be able to afford. However, it comes with a cost.
LMI is a one-off insurance premium that is put in place to protect the lender in the event the borrower is unable to manage their repayments. For many loans, LMI can add a significant upfront cost.
read more: https://www.yourfinanceadviser.com.au/how-to-reduce-lenders-mortgage-insurance-lmi/
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Your Finance Adviser
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